Despite growing awareness of home insurance, many Singapore households remain underinsured because they mistakenly believe their mandatory HDB fire insurance provides comprehensive protection, according to ECICS CEO Choi Kin Seng.
New Zealanders have called for stronger government leadership to tackle climate hazards, according to a new poll by AMI, State and NZI.
The Monetary Authority of Singapore (MAS) has issued a consultation paper proposing to establish a legislative framework for a new Protected Cell Company (PCC) corporate structure. This new framework is expected to be implemented in 2028 and will be available for several insurance use cases to...
Malaysia's insurance and takaful industry is expected to remain resilient in the second half of 2026,...
Global insurers delivered strong premium growth and improved profitability in 2025, but the industry's recent...
Speakers at the opening session of the 14th Asia Insurance Brokers' Summit in Jakarta Indonesia said that Asia's insurance broking industry is...
India is not considering any proposal to make insurers follow healthcare providers' opinion on health insurance claims and health insurance claims...
Commercial insurance rates across Asia declined by 5% in the second quarter of 2026, with cyber insurance recording the sharpest fall as insurer...
Malaysia plans to come out soon with a National Ageing White Paper to tackle the country's ageing population. Economy Minister Akmal Nasrullah Mohd...
The resumption of hostilities between the US and Iran, formally declared on 13 July 2026 means markets remain under pressure.
The Insurance Regulatory Commission of Sri Lanka (IRCSL), in collaboration with the Insurance Association of Sri Lanka (IASL), will conduct awareness...
Reserve Bank of India (RBI) has said that rising surrenders and withdrawals of life insurance policies in financial year 2025-26 indicates...
Vietnam's Ministry of Health is drafting a new circular to establish principles for developing a list of medical technical services and provide...
Indonesia's general insurance industry is expected to remain under pressure in 2026 despite sustained demand for insurance protection, as rising...
As summer vacation begins in Taiwan, the Labour ministry is encouraging parents of the students taking up part-time jobs, to help their children...
The Monetary Authority of Singapore's (MAS) proposed Protected Cell Company (PCC) framework will give Singapore a structure which can better...
Vietnam's private sector bank Techcombank, has launched the country's first comprehensive co-payment health insurance product, which will integrate...
While insurers in APAC remain resilient to Nat CAT due to sound risk and capital support, it does not mean that they are not being tested on other...
Taiwan's Yunlin County will pay the national health insurance premium for eligible county residents aged 65 and older beginning 1 January 2027,...
Indonesia's Islamic insurance industry recorded negative investment returns in the first quarter of 2026 as volatility in the domestic capital market...
South Korea's regulatory changes are strengthening capital quality, solvency resilience and consistency, under IFRS17 reporting.
Ping An Insurance (Group) Company of China has unveiled a range of innovative AI products and services at the World Artificial Intelligence...
Indonesia's insurance industry is poised for sustained growth, driven by rising demand for life, health and asset protection as consumers become...
The Monetary Authority of Singapore's (MAS) proposed Protected Cell Company (PCC) framework has the potential to be a major advancement for...
The pilot occupational injury insurance programme for workers in new forms of employment in China, which till now, was available in select regions,...
QBE Insurance Group has completed the acquisition of full ownership of Raheja QBE General Insurance Company following regulatory approval from the...
Heungkuk Fire & Marine Insurance has decided to participate in the final round of bidding for Yebyul Insurance, with Korea Investment Holdings also...
Countries across Asia and the South Pacific have registered a marked increase in cybercrime, and cybercrime made up 30% of all crime in over half of...
The Malaysian government has designed a base medical and health insurance/takaful (MHIT) product, that will be offered by private insurance and...
Vietnam's insurance industry continued to show signs of steady recovery in the first half of 2026.
Sompo Direct Insurance has launched a new claims portal that makes the claims notification and filing process more accessible for customers.
Cambodia's regulator, the Insurance Regulator of Cambodia (IRC), has signed a Memorandum of Understanding (MoU) with the ACLEDA University of...
Thailand's Office of the Insurance Commission (OIC) has launched an investigation into individuals promoting Singapore-based life insurance products...
South Korea has expanded the scope of its employment insurance coverage to include more categories under gig and educational workers.
Insurers in New Zealand have welcomed the Climate Change Response Amendment Bill, which sets out a long-awaited framework for climate adaptation....
Speakers at the opening session of the MARIM International Conference 2026 in Malaysia yesterday said that AI in risk management will define the next...
Thailand's insurance regulator, the Office of the Insurance Commission (OIC) has noted the importance of insurance in planning for long-term...
Aon has expanded Mr Vlad Bobko's responsibilities to include Global Head of Strategy for Political Risk, War Risk and Crisis Management for Risk...
Japan's non-life insurance market is expected to expand steadily over the next decade, with market value projected to increase from $238.3bn in 2025...
The Financial Services Commission and the insurance industry have taken a decision to return over KRW10tn ($6.5bn) in hidden insurance benefits to...
Swiss Re has launched its new Group Broker Management Practice, and appointed Mr Matthias Meyenhofer as Group Broker Executive to lead the new...
DAC Beachcroft (DACB) has appointed Mr Andrew Robinson as Location Head of its Singapore office for a three-year term, effective 1 June 2026.
The National Federation of Health Insurance Societies, or Kenporen has called for an overhaul of the country's public medical insurance system,...
The Indian government plans to establish a cooperative life insurance company as part of its efforts to expand the cooperative sector into financial...
Willis has urged data centre owners, developers, builders, operators and investors globally to rethink traditional insurance buying, warning that...
Japan's major life insurers reported stronger revenue in fiscal 2025 as rising interest rates fuelled demand for yen-denominated single-premium whole...
Insurance, equities and gold remain the preferred investment choices among affluent Malaysians as they navigate persistent economic uncertainty,...
AM Best is maintaining its stable outlook on Vietnam's non-life insurance segment, citing robust demand, technology adoption and healthy...
AIG has appointed Ms Nancy Bewlay as Executive Vice President and Global CUO, effective 8 September 2026. She will join the company's Executive...
Electric vehicles (EVs) now account for the majority of new car registrations, and have reached a defining milestone in Singapore.
General Insurance Corporation of India (GIC Re) has announced the appointment of Shri Hitesh Rameshchandra Joshi as Chairman-cum-Managing Director...
QBE has appointed Ms Florence Chan as Head of Data, Analytics and AI, Asia, effective 13 July 2026; and Mr Patrick Karlowski as COO for its Asia...
Innovative travel insurance plans from MSIG Hong Kong are gaining momentum and helping the company gain market share in the highly competitive Hong...
Generali Group has revealed its new brand for its global Care platform, named Redion. The brand brings together the activities of Europ Assistance...
Following the appointment of Mr Christian Howells as Head of Life Reinsurance, Willis Re has launched its Global Life Reinsurance Practice. Mr...
Asset managers, Aberdeen Investments, remains optimistic about AI-related technology companies in Asia, citing strong demand and positive medium-term...
Without a Lasting Power of Attorney (LPA), a family facing a loved one's sudden loss of mental capacity may find itself without any legal authority...
Insurers should prioritise ensuring customer peace of mind by maintaining confidentiality and strictly protecting customer privacy, as part of their...
The Australian Prudential Regulation Authority (APRA) has written to banks, insurers and superannuation funds, setting out its minimum expectations...
PartnerRe has appointed Mr Ankur Gupta as CEO of India.
As longevity continues to rise across Asia, people are rethinking what it truly means to leave a legacy, as living longer no longer means simply...
New Zealand's Financial Markets Authority (FMA) has published the findings of engagement with insurers on how they manage customers' interests during...
A total of 48 finalists have been revealed for the 11th Asia Trusted Life Agents & AdvisersAwards, representing a group of accomplished agents and...
Allianz Trade has appointed Mr Daf Owen as Regional Surety Business Development Director for APAC, effective 1 August 2026.
Aon has promoted Mr David Crofts to the role of Global Head of Capital Solutions for Financial Sponsors, effective 1 August 2026.
When thinking about insurance, technology is not always a top board item. But in today's context, technology that senior executives of an insurance...
When Hong Kong's insurance regulator, the Insurance Authority (IA), hosted the Artificial Intelligence (AI) Cohort Symposium on 15 June 2026, it also...
Although the US-Iran peace memorandum of understanding and the reopening of the Strait of Hormuz present a positive signal, the market is unlikely to...
Across the 1 June and 1 July 2026 reinsurance renewals, insurers achieved double-digit pricing reductions and improved terms and conditions on their...
New Zealand's Financial Markets Authority (FMA) has released its second annual Financial Conduct Report (FCR), outlining progress made over the past...
Tysers Singapore has announced that Ms Babita Rai, CEO and Executive Director, Reinsurance is leaving to pursue new interests.
The Thai Life Insurance Association (TLIA) is looking to upgrade its claims standards, and has already held a seminar, as conducted by the Life...
A new proposal by the Pharmacy Board of Australia's (PBA) consultation on endorsement for scheduled medicines for pharmacists may lead to higher...
The Ardonagh Group has launched Axiiem, a new InsurTech business designed to connect data, distribution and capacity more intelligently across...
The General Insurance Association of Japan (GIAJ) appointed Mr Ishikawa Koji as Chairman at its Annual General Meeting on 30 June 2026.
Howden has appointed Ms Supaporn Chanin as Director, Power and Energy, Thailand.
MS Amlin has appointed Ms Kirsten Mitchell-Wallace as Chief Risk Officer (CRO) and Mr Philip Young as Chief Information Officer (CIO). Both...
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